§ 91. Mr. MYERSasked the Financial Secretary to the Treasury whether he is aware that Clause 10 of the prospectus circulated through the General Post Office relating to 5 per cent. National War Bonds conveys the intimation to the holders of these bonds that they have the option of converting their holding into 5 per cent. War Loan, 1929–47, upon giving 14 days' notice after any half-yearly interest date, namely, April and October; whether any variation has been made in the provisions of the Clause referred to, and, if so, for what purpose; and whether the holders of the National War Bonds have been made aware that the terms of the prospectus are not now operative?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Hilton Young)No change has been made in the provisions of the prospectus of 5 per cent. National War Bonds, 1922, which remains fully operative. As I stated, in answer to the hon. Member for Wood Green on the 13th March, the latest date on which 45 notice to convert under the prospectus into 5 per cent. War Loan is the 15th instant.